$12,500,000
SOLD NOV 18, 2024
4.96 Acres
$2,520,161 Price per Acre
216,058 Sq Ft Lot

Recently Sold

7% Below List Price

1 Day on Market

Highlights

  • 4.96 Acre Lot
  • Mountain View
  • Level Lot
  • Kiva Elementary School Rated A
  • No HOA
  • East or West Exposure

About This Lot

As of November 2024

Surrounded by Arizona's most prominent properties, this is the opportunity to create the most prestigious estate in Paradise Valley. The location, acreage and address demand the most refined and extraordinary vision.
Rarely does land this scarce and desirable become available. Situated on 4.96 acres in the heart of Paradise Valley along Billionaire's Row, this flat lot offers seclusion and privacy while also capturing premium mountain views of Camelback, Mummy, McDowell, and Four Peaks.
Nestled closely to the finest resorts, spas, and restaurants in Arizona, with unimpeded views of the iconic Praying Monk.
51,585 SF under roof architectural plans from internationally renowned Architect Bing Hu, hardscape plans, surveys, and soil reports convey. Seller will accept Bitcoin.

Last Agent to Sell the Property

David Larchez

Compass License #BR631044000

Compass

Co-Listed By

Nathan Waite

Compass License #SA677376000

Last Buyer's Agent

Frank DiMaggio

Compass License #SA671179000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,738

Year Built

  • 1953

Lot Details

  • 4.96 Acre Lot
  • East or West Exposure
  • Level Lot
  • Property is zoned R-175

Property Views

  • Mountain Views

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Community Details

  • No Home Owners Association
  • Jokake Camelback Properties Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 172-01-010

Property Details

Property Type

Land

Est. Annual Taxes

$40,738

Year Built

1953

Lot Details

0

Listing Details

  • Cross Street: McDonald and Yucca
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: See Remarks, Raw Land, Plans Available
  • Topography: Level
  • Zoning: R-175
  • Tax Year: 2023
  • Directions: From Invergordon west on McDonald, South on Yucca, parcel is on the east side of Yucca.
  • Lot Size Acres: 4.96
  • Co List Office Mls Id: dmbr02
  • Co List Office Phone: 480-502-6902
  • Subdivision Name: JOKAKE CAMELBACK PROPERTIES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1953

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: East/West Exposure, Mountain View(s)
  • Disclosures: Other (See Rmks), Soil Test, Seller Prop Disc Stm, ALTA Survey Alba, Water Well Report
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: Rectangle
  • Lot Size Sq Ft: 215927.0
  • Additional Parcels: No
  • Parcel #: 172-01-010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 40738.0
  • Tax Book Number: 172.00
  • Tax Lot: 10
  • Tax Map Number: 1.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $12,500,000 -7.4% --
09/22/2024 09/22/24 Pending -- -- --
09/21/2024 09/21/24 For Sale $13,500,000 +43.6% --
03/25/2022 03/25/22 Sold $9,400,000 -3.6% --
12/23/2021 12/23/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $9,750,000 0.0% --
09/12/2021 09/12/21 Price Changed $9,750,000 +3.7% --
09/04/2021 09/04/21 Off Market $9,400,000 -- --
02/15/2021 02/15/21 For Sale $8,750,000 +2.9% --
04/13/2016 04/13/16 Sold $8,500,000 0.0% --
03/18/2016 03/18/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $8,500,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,318 $702,834 $702,834 --
2024 $40,748 $669,366 $669,366 --
2023 $40,748 $1,053,300 $1,053,300 $0
2022 $39,088 $863,700 $863,700 $0
2021 $41,552 $915,855 $915,855 $0
2020 $41,287 $824,385 $824,385 $0
2019 $39,860 $805,485 $805,485 $0
2018 $38,380 $778,830 $778,830 $0
2017 $36,871 $648,225 $648,225 $0
2016 $36,100 $575,745 $575,745 $0
2015 $36,536 $623,024 $623,024 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,000,000 Seller Take Back
Closed $6,000,000 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $12,500,000 Premier Title Agency
Special Warranty Deed $12,500,000 Premier Title Agency
Warranty Deed $9,400,000 Stewart Title & Trust Of Phoen
Cash Sale Deed $8,500,000 Landmark Title Assurance Age
Cash Sale Deed $4,385,000 Fidelity National Title
Cash Sale Deed $4,100,000 Fidelity National Title
Cash Sale Deed $4,000,000 Security Title Agency
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6760648

Arizona Regional Multiple Listing Service (ARMLS)

APN: 172-01-010